EUR/USD opened 1.0570 after closing Friday unchanged at 1.0565

It was quiet in Asia and heading into the afternoon it is trading 1.0560/65

EUR/USD isn't trending at the moment as market awaits fresh catalysts

Next EUR/USD trend likely if US 10-year yield breaks 4.80/5.00% range

EUR/USD resistance is at the 55-day MA which has descended to 1.0673

A clear break above 1.0675 should see EUR/USD extend its recovery

Support is at the 2023 low at 1.0448 with bids tipped ahead of 1.0500

Range trading may continue ahead of Fed decision Wednesday

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